Which of the Following Refers to an Approach to Risk

question 54

Multiple Choice

Which of the following refers to an approach to risk management that aggregates risk?

• A)Risk pooling
• B)Risk optimizing
• C)Risk capturing
• D)None of these answer choices is correct.

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Definitions:

Seriate

The process of arranging objects in order according to a property or criterion, such as size or color.

Concrete Operational

A stage in Piaget's theory of cognitive development, typically occurring between ages 7 and 12, where children gain the ability to think logically about concrete events.

Preoperational

A stage in Jean Piaget's theory of cognitive development, where children from ages 2 to 7 have not yet developed the ability to reason logically.

Active Discovery

A learning approach where individuals gain knowledge and insights through hands-on experience, exploration, and experimentation.